We got better employment news out of the US this morning with virtually every sector adding jobs. The unemployment rate was at 8.5% for Dec. There was virtually no change in average hourly earnings month over month and year over year. What does all this data really mean? I suspect the “good” employment news will excite politicians to come on TV and tell us how much better off we are now compared to a few months ago. The reality is that 8.5% unemployment is still very high and the economic growth have been less than stellar. Everyone continues to keep a close eye on the European situation and other potential bad economic developments out of China.
| Last | %Change | Low | High |
Au- Feb | 1613.6 | -0.40% | 1609 | 1632.3 |
Pt-Apr | 1405.4 | -0.85% | 1401.1 | 1423.9 |
Pd-Mar | 623.7 | -3.07% | 621.10 | 642.55 |
Ag-Mar | 28.745 | -1.88% | 28.570 | 29.460 |
London | AM | PM | Minor | PGMs |
Au | 1621 | 1616.5 | Rh | 1375 |
Pt | 1417 | 1410 | Ru | 110 |
Pd | 633 | 632 | Ir | 1100 |
Ag | 29.4 | DJI | 12370.82 | -44.88 |
*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES |
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